Insight Report 6 minutes PremiumNew Retail Briefing: Burberry Launches a Social Store with Tencent; JD.com Invests $100 Million in Li & Fung Coresight Research August 25, 2020 What's InsideThis report is part of a monthly series in which we discuss developments in China under the banner of “New Retail.” We offer insights into recent news, with a focus on digitalization and strategic collaborations. This month, highlights include the opening of Burberry’s new “social retail store” in technology hub Shenzhen and the launch of Alibaba’s fifth Taobao Maker Festival, which features a 3D digital exhibition and a cross-country roadshow. We also discuss the flagship store opening of luxury brand 3.1 Philip Lim on JD.com as well as JD.com’s $100 million investment in Li & Fung to collaborate on supply-chain development and new private-label product launches. The appendix details the last 12 months of New Retail developments in China. Click here to read the previous report in the New Retail Briefing series, which explores moves by international brands to seek growth in China post pandemic. Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: China Consumer 2024: Hearing About Consumer Sentiment, Lifestyle Trends, Social Commerce and Market EntryInnovator Matrix: Last-Mile DeliveryWeinswig’s Weekly: How Are Chinese Consumers Shopping Beauty?June 2023 Leading Indicators of US Retail Sales: Total Gains To Be in the Low Single Digits Due to Flat Disposable Income Growth
